The award for Singapore’s best trade finance deal has been presented to Maybank for its innovative collaboration with PracBiz, the supply chain operator for NTUC FairPrice, the country’s largest supermarket chain operator, which manages approximately 230 stores. The deal stood out for its strategic significance, feasible impact and innovative structure.
Strategically, the transaction marked a milestone by introducing digital trade finance to a network of suppliers and buyers. Leveraging the extensive transaction data available on the PracBiz platform, Maybank
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